The average cost of buying a house is typically around 2% to 6.5% of the sales price. This is the amount of cash you will need on the closing day. Some loan products allow the homebuyer to roll these costs into …
Most real estate agents are paid for their services through commissions when the home sale is complete. The listing agents fees are negotiated into the listing agreement and the buyers agent fees are negotiated in the sales contract.
Since most bu…
So, you’ve had your offer accepted on a home—congratulations! But if you thought the hard part was over, think again. Navigating the home buying or selling process without making mistakes (or losing your sanity) can be tough. Betwe…
What is an appraisal gap? An "appraisal gap" happens when a home's appraised value is lower than the price agreed upon in the sales contract. To address this, an "appraisal gap clause" is included in the contract, ensuring the buyer agrees to cover the …
If you're considering moving to Colorado Springs, this article will give you insight into the pros and cons of the area. Colorado Springs has a unique personality, unlike any other city in the country.
I own a real estate brokerage in Colorado Spri…